Crypto Insider
1.87M subscribers
6.5K photos
455 videos
5.7K links
๐Ÿ’ก Your premier source for crypto.
๐Ÿ“ฉ Reach out: @strategy
Download Telegram
๐Ÿ‘จ๐Ÿ’ป Hacker Gummo admitted that he has $7 billion in BTC - back in 2013 he built 4 ASIC miners that cost him up to $300 each and in a year and a half he has made 80,000 BTC.

If that's true, he's in the top 400 richest people in the world according to Forbes.
๐Ÿ– A Bitcoin hodler from India is set to visit 40 countries in 400 days, paying with cryptocurrency everywhere and using cash only in public transport.

Paco de la India has already visited 7 out of 40 countries in half a year - in his difficult journey subscribers help him by sending donations to his Bitcoin-wallet.
GameFi project C2X valued at $500 million

MetaMagnet, operating C2X, a blockchain gaming platform, raised $25 million in a private token sale and was valued at $500 million. FTX Ventures, Jump Crypto, Animoca Brands and many others participated in the financial process.

IEO is planned for March 18. Organizers have promised to reveal details at a later date.
Cryptobot exchanged tokens worth $45 for $2.6 million in Ethereum

After the new ApeCoin token began trading on decentralized crypto exchanges, there were liquidity issues, leading to trading glitches.

On March 17, the cryptobot exchanged 2.3 ApeCoin tokens worth $34.6 for 946.5 Wrapped Ethereum ($2.6 million at the exchange rate at the time of transfer). The transaction took place on the decentralized crypto exchange Sushiswap.
UPD: GameStop is set to launch its marketplace by the end of July

The U.S.-based console and PC game retailer specifies that the launch of the NFT marketplace should occur before the end of the second fiscal quarter of 2022.

That's the right decision, since demand for NFT could disappear as suddenly as it appeared.
Glassnode: BTC supply on centralized exchanges reached a new low

The indicator fell to 2.51 million coins, thereby renewing the minimum since November 2018.

The reason for such dynamics is simple - the experience of recent weeks has shown that centralized exchanges can easily block the accounts of users from sub-sanctioned countries or lists. This contributed to the transfer of funds to safer non-custodial wallets.
This media is not supported in your browser
VIEW IN TELEGRAM
The dynamics of the BTC price for the last 10 years in 50 seconds.
๐Ÿ‡ญ๐Ÿ‡ณ Media: Honduras could declare Bitcoin legal tender as early as Monday.

"We must not allow El Salvador to be the only country escaping dollar hegemony," said the country's president.
๐Ÿ‡ฎ๐Ÿ‡ณ India reports plans to introduce 30% profit tax for digital assets - e.g. user bought $1000 BTC and $1000 ETH and then made $100 profit from BTC and $100 loss from ETH, then trader still has to pay 30% tax from BTC.

The loss on ETH won't matter to anyone, because the new tax policy for cryptocurrency provides for "an independent consideration of each individual investment".
Last year, the average monthly cryptotransaction rate in Africa grew by 1,386.7%

Cointelegraph reported this, citing analysts at KuCoin. The number of users increased by 2,467.2% over the same period.

๐Ÿ’ฌ"Adoption will continue to grow exponentially," says one of the company's experts.

Many factors contribute to this popularity, including high local currency inflation, the low availability of banking services and the growing penetration of gadgets among the young population.
๐Ÿ”ฅ More than 2 million ETH have been burned so far. At the current exchange rate, that's about $5.7 billion.
๐Ÿ“ฐ In a recent interview with Time magazine, Vitalik Buterin said that cryptocurrencies are not meant to be a massive demonstration of wealth, and that all those multi-million dollar monkeys-NFTs are just a new kind of gambling.

The Ethereum co-founder added that "The goal of crypto is not to play games with million-dollar pictures of monkeys, it's to do things that accomplish meaningful effects in the real world."

Earlier it became known that Time magazine will publish a full issue of the magazine in the form of NFT, with Vitalik Buterin on the cover.
That's what the ad for the upcoming Bitcoin 2022 conference actually looks like

The advertisement focuses on the fact that 80% of all dollars in circulation have been printed in the last 22 months. That, in turn, refers to the fact that bitcoin issuance is not controlled by anyone, which means it is more stable and less prone to inflation.

๐Ÿ—“The event is set to take place in Miami from April 6 to 9.
Trust Wallet is no longer available in the AppStore

An official statement from the wallet development team said:

"Our team was instantly alerted and weโ€™re working to resolve the issue as soon as possible. We have confidence that this issue will be resolved in a timely manner.

Your funds are unaffected as your assets are all stored on-chain and you have full control of your recovery phrase and private keys. Thanks, decentralization!

For iOS users that already have the Trust Wallet app installed, you will temporarily be unable to update or reinstall the app as we work through this issue. New users will be unable to download the iOS app. Android users are unaffected."
Crypto-enthusiasts plan to create a real Bitcoin island called Satoshi in the Pacific Ocean - so far the "developers" have received about 50,000 applications for citizenship.

It is worth noting that on the island they aim to build an economy in which everything will be paid for with cryptocurrency, and all property rights, including citizenship, will be represented by NFT.
Cashio Stablecoin on Solana Blockchain

Project Cashio's stablecoin was attacked, causing its price to drop to zero and its TVL (a liquidity metric, in short) to thin by $28 million.

The developers asked to get all those coins out of the pools and said they kind of figured out what happened.

Some guy found a vulnerability in the code and issued 2 billion of these coins, paying a heist fee of $0.00046.

Obviously, that immediately brought down the price of the coin.
The TON blockchain website under the address ton.org has been updated

It now contains more useful information for both newcomers and veterans of the project.

It provides basic information about the history and philosophy of TON. The content on the site will be constantly supplemented.

Since the beginning of this year TON shows positive dynamics of popularity: the number of wallets in the network has increased 3 times, and the total number of subscribers of the project in social networks has exceeded 1.6 million users.
South Korean company Krafton, which is the developer of the iconic game PUBG became a partner of Solana Labs. Now the parties will jointly develop games on the Solana blockchain.

๐Ÿ’ฌ"We are seeing gamers increasingly seek out on-chain games and gaming companies who respond quickly to this demand will set themselves up well for ongoing success," says Krafton Business Development Director Johnny Lee.

The companies' plans also include investing in attractive projects, as well as developing the NFT industry through gaming.
๐Ÿฆ Goldman Sachs, one of the world's largest investment banks, has reformatted its website, with information about cryptocurrencies, metaverses and digitalization. And when you go to the blog, the investment giant offers to read articles about digital assets and Web 3.0.

And what about the dollar?
Crypto-industry legends - El Salvador president Nayib Bukele and Binance head Changpeng Zhao - met to discuss major issues.